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Andretti Acquisition Corp. II Class A ( (POLE) ) has shared an announcement.
On October 14, 2025, Andretti Acquisition Corp. II issued unsecured promissory notes totaling $1.5 million to William J. Sandbrook, Michael Andretti, and William M. Brown for working capital purposes. The notes, which bear no interest, are due upon the company’s initial business combination or liquidation. If unpaid, the notes may be converted into company units at a $10 conversion price. This move could impact the company’s financial flexibility and stakeholder interests, especially if a business combination is not realized.
More about Andretti Acquisition Corp. II Class A
Average Trading Volume: 24,210
Technical Sentiment Signal: Strong Buy
Find detailed analytics on POLE stock on TipRanks’ Stock Analysis page.